Seafood Takeaway- Inner West

Industry: Professional - Accounting, Professional - Brokerage, Professional - Accounting, Professional - Brokerage | Listed by: Core Business Brokers


Key Strengths:


About the business

A Gourmet Food/Takeaway and Eat-In Seafood Outlet. They pride themselves on covering a variety of items ranging from traditional fish and chips to gourmet seafood platters and succulent fresh seafood from their display range. The business philosophy is to provide each and every one of their customers with a casual but infinitely memorable dining experience within the specialized seafood outlet.

As part of their commitment to providing only the freshest produce, they adhere to a strict policy of no pre-cooking. Produce is either picked up or delivered on a daily basis from the most reputable seafood suppliers. All food preparation and cooking takes place directly in front of the customer which ensures their satisfaction.

They have an extensive menu (on digital menu boards) ranging from local products with the option of taking their seafood away fresh or having one of the staff cook the product to customers preference of being battered, crumbed or grilled with their signature marinate which accommodates for an array of tastes and budgets.

Key Features:
An icon seafoods takeaway and dining situated in the main road of this niche strip shop location and surrounded by many retail businesses and major retailers nearby.  Extremely popular with the regulars and well known for quality food at reasonable prices.
Operating for 12 years in this location. Current owner 6 years.
Good quality fit-out and a good ambiance.  Free parking after 6 pm.
Excellent margins due to the nature of the menu
Seating outside for 12 plus extra after 6 pm.
Full kitchen with all facilities- can easily do catering.
6 days only (Closed Mondays)
Know someone that could be interested in this?
Asking Price:
$325,000
Yearly Profit :

----


Country

Australia

State

New South Wales

Suburb

----


Postcode

2137

Locality

----

Established on
1999

Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you